The Great Recession Is Over: Time To Back Up The Truck [View article]
If you listen carefully, you can hear the bears gagging on this article. Positive commentary is the very last thing they want to hear after having been beaten up for nearly four years in row. They have done their best to talk the market down, to no avail, because someone has been driving it up! (A.K.A., the Smart Money)
It is these kind of good news articles that we will be seeing much more of in the coming months. The nervous nellies will be convinced to dive into the market, afraid they are going to miss out if they continue to dither. They will be rewarded, at least for a while.
I have seen this movie before and the ending is quite predictable but it ain't over yet.
Please tell us which stocks out of the thousands, are going to outperform natural gas over the next few years. I will buy them based on the crystal ball you have.
Gold Setting Up To Crush Hedge Fund Shorts [View article]
The action by the Cyprus government to steal money from saver's in order to avoid state bankruptcy (http://yhoo.it/15SFlQz), might do something for gold in the next few weeks, particularly if residents of other financially strapped countries decide their money would be better under the mattress than in bank that can be raided at the will of the state.
A run on the banks might be the Black Swan event that sparks a run on physical gold. This could be interesting.
Time To Prepare For The Next Euro Crisis And A Market Correction [View article]
Let's recap : Crisis in Greece, market goes up. Crisis in Spain, market goes up. Crisis in Italy, market goes up. Fiscal Cliff crisis, market goes up. Sequester crisis, market up again. Cyprus crisis, S&P makes new all time closing high. Wow, I think we are on to something here!
Perhaps the title of this article should have read: Time to Prepare for the Next Euro Crisis and a Market ADVANCE.
Even if the EU proposal is rejected, there are going to be significant repercussions. Savers, worldwide, are going to be looking to protect their money from governments. The most obvious solution is to get one's money out of the banks.
The Rumors Of A Dollar Crash And Gold Spike Have Been Greatly Exaggerated [View article]
Wow! Four SA articles in one day. How does one person write so prolifically and still find the time to read the comments of others and then respond (more than 60 times today, which isn't over yet)? How many pairs of hands does the author have?
The author's concern for the goldbugs, with their tunnel vision views on gold, is commendable. He/she may be proven correct in concluding that gold and it's miners are headed down, at least in the short term, but I have a problem with being on the short side of either.
Given that miners have been in decline mode since Sept of 2011, I have to wonder at the wisdom of shorting them at this stage of the game. If I had seen this article as recently as last September, I would have been inclined to agree with the author. But not now. How much more downside is left in the miners and is it worth the risk to be on the short side?
As I have stated before, I am long (NUGT), a triple leveraged miners ETF. The author is advocating the opposite position, the inverse 3X fund (DUST). I added to my NUGT position today in the belief that a significant rally is in the cards. Let's see how we are doing a few months from now.
Why Hyperinflation Is A Myth (And What It Means For Gold Prices) [View article]
Nice article. I would add that while today's consumers are concerned about their jobs, it is the retired or soon to be retired baby boomers that having the most impact on our economy. They are not so much fearful for their jobs as they are fearful for their future well being and accordingly, are slashing spending and paying down debt at an unprecedented rate.
The fears the boomers have are not unwarranted and have been exacerbated by the FED's policies of low interest rates. That nest egg the boomers were expecting to carry them through the golden years is now producing minimal returns and at the same time, being ravaged by inflation.
The boomers are not going to suddenly change their minds and start spending willy-nilly. As consumers, they are now as good as dead to the economy. Because of their numbers, we can expect decades of poor growth.
Natural Gas Bottom Has Yet To Be Reached [View article]
I think the bottom line for natural gas is the cost of production. I don't have any numbers but from what I have read, 3 dollars doesn't even come close to break even for the vast majority of wells. The proof is in the rig count, which has dropped out dramatically. The producers are not stupid. They will shut in gas rather than sell it at a loss. For that reason, I seriously doubt we are going to see any new bottom in NG. I have no intention of standing on the sidelines while NG moves up to a price that provides a decent profit margin for producers. I'm thinking 4 dollars at a minimum. The author is dreaming if he believes NG will make new lows.
U.S. Shale Gas Won't Last 10 Years: Bill Powers [View article]
Craig: Thank you for taking the time to write out that lengthy criticism of Mr. Power's viewpoint . Unfortunately , anyone who has taken the time to read your comment is left none the wiser. You have presented nothing factual to counter his thesis!
I take it that you are some sort of industry insider, probably with a wealth of knowledge concerning the state of our natural gas reserves. Perhaps you could share with us just a few of the most important factual elements that invalidate Mr. Power's arguments so we won't waste our hard earned cash by buying his book.
Here Comes The Next Big Leg Down In Equities [View article]
Knowing WHEN the market is going to decline is the big deal, other wise you could be stuck with a losing inverse ETF , just like holding a dud stock. Not so simple.
Stephen: Month to month movements in prices of raw commodities are completely irrelevant as is the occasional drop of the CPI over one or two months.
The government wants the public to focus on a month to month changes in the CPI rather than on a trailing 12 month basis because it hides the effects of creeping inflation. For example, if gasoline went up 10 cents a month for 11 months and then fell 5 cents in one month, it would be misleading to suggest that the inflation rate of gasoline is falling when in fact it has gone up $1.05 in the past 12 months , yet that is exactly what the government wants the public to believe.
Don't even talk about deflation until the groceries you buy, rents, utility bills, taxes and everything else you need to live, are going down. One of the few things that are declining in price are electronics. You can't eat a television or an IPhone.
The U.S. Economy: How Did We Get Here? Where Are We Headed? [View article]
The Great Recession Is Over: Time To Back Up The Truck [View article]
It is these kind of good news articles that we will be seeing much more of in the coming months. The nervous nellies will be convinced to dive into the market, afraid they are going to miss out if they continue to dither. They will be rewarded, at least for a while.
I have seen this movie before and the ending is quite predictable but it ain't over yet.
Natural Gas: The Buy Of The Decade [View article]
Gold - The Ultimate Blame Game [View article]
Gold Setting Up To Crush Hedge Fund Shorts [View article]
A run on the banks might be the Black Swan event that sparks a run on physical gold. This could be interesting.
Time To Prepare For The Next Euro Crisis And A Market Correction [View article]
Perhaps the title of this article should have read: Time to Prepare for the Next Euro Crisis and a Market ADVANCE.
Cyprus Will Bring The Red With It [View article]
The Rumors Of A Dollar Crash And Gold Spike Have Been Greatly Exaggerated [View article]
The author's concern for the goldbugs, with their tunnel vision views on gold, is commendable. He/she may be proven correct in concluding that gold and it's miners are headed down, at least in the short term, but I have a problem with being on the short side of either.
Given that miners have been in decline mode since Sept of 2011, I have to wonder at the wisdom of shorting them at this stage of the game. If I had seen this article as recently as last September, I would have been inclined to agree with the author. But not now. How much more downside is left in the miners and is it worth the risk to be on the short side?
As I have stated before, I am long (NUGT), a triple leveraged miners ETF. The author is advocating the opposite position, the inverse 3X fund (DUST). I added to my NUGT position today in the belief that a significant rally is in the cards. Let's see how we are doing a few months from now.
Why Hyperinflation Is A Myth (And What It Means For Gold Prices) [View article]
The fears the boomers have are not unwarranted and have been exacerbated by the FED's policies of low interest rates. That nest egg the boomers were expecting to carry them through the golden years is now producing minimal returns and at the same time, being ravaged by inflation.
The boomers are not going to suddenly change their minds and start spending willy-nilly. As consumers, they are now as good as dead to the economy. Because of their numbers, we can expect decades of poor growth.
Gold Demand Is Stronger Than You May Have Heard [View article]
Natural Gas Bottom Has Yet To Be Reached [View article]
U.S. Shale Gas Won't Last 10 Years: Bill Powers [View article]
Thank you for taking the time to write out that lengthy criticism of Mr. Power's viewpoint . Unfortunately , anyone who has taken the time to read your comment is left none the wiser. You have presented nothing factual to counter his thesis!
I take it that you are some sort of industry insider, probably with a wealth of knowledge concerning the state of our natural gas reserves. Perhaps you could share with us just a few of the most important factual elements that invalidate Mr. Power's arguments so we won't waste our hard earned cash by buying his book.
Thanks in advance.
Weighing The Week Ahead: Time For Some Fireworks? [View article]
Here Comes The Next Big Leg Down In Equities [View article]
Don't Believe The Hype In Gold [View article]
The government wants the public to focus on a month to month changes in the CPI rather than on a trailing 12 month basis because it hides the effects of creeping inflation. For example, if gasoline went up 10 cents a month for 11 months and then fell 5 cents in one month, it would be misleading to suggest that the inflation rate of gasoline is falling when in fact it has gone up $1.05 in the past 12 months , yet that is exactly what the government wants the public to believe.
Don't even talk about deflation until the groceries you buy, rents, utility bills, taxes and everything else you need to live, are going down. One of the few things that are declining in price are electronics. You can't eat a television or an IPhone.